2.2M Mortgage Holders Are About To Face Their Greatest Fear…

Home 2.2M Mortgage Holders Are About To Face Their Greatest Fear… https://www.youtube.com/watch?v=F54-c_4iTQo This video discusses the state of the real estate market, specifically focusing on mortgage rates, delinquency rates, and market trends in Canada. Here’s a summary of the key points: Rising Interest Rates in Canada: The video mentions that Canadians who secured mortgages with […]
“Can’t Sell My Home” Explodes on Google Trends

Home “Can’t Sell My Home” Explodes on Google Trends “Can’t Sell My Home Explodes on Google Trends” discusses the current challenges in the U.S. real estate market. Key points include: Increasing Difficulty in Selling Homes: The video highlights a noticeable trend of homeowners struggling to sell their properties. This is evidenced by a surge in […]
The Real HOUSING MARKET CRASH is HERE

Home The Real HOUSING MARKET CRASH is HERE https://www.youtube.com/watch?v=h6X-LlnUKtI Transcript: we need to talk about the housing market crash because everything you read about or hear about online is telling us about how horrible home buyer affordability is which is true it’s like the worst since right before the Great Recession not only that but […]
Housing Market Trends Just Changed…

Home Housing Market Trends Just Changed… https://www.youtube.com/watch?v=mly23-2SoDM Transcript: well going to go over a couple of stories that are really neat one first off unseasonable housing market trends are emerging this fall that’s important because it’s not seasonable this is not normal this is not a normal Market markets are starting to turn down in […]
The END of Realtors | NAR LOST $1.8 BILLION LAWSUIT

Home The END of Realtors | NAR LOST $1.8 BILLION LAWSUIT https://www.youtube.com/watch?v=Y4nInu9egcI Transcript: hey up guys John here the entire real estate industry is about to go through a massive overhaul I’m talking possibly 1.5 million real estate agents losing their job the National Association of Realtors about 45 minutes ago lost the lawsuit for […]
U.S. Housing Market Disaster in 2024 – Danielle DiMartino Booth

Home U.S. Housing Market Disaster in 2024 – Danielle DiMartino Booth https://www.youtube.com/watch?v=_jD3X9Z10MY Transcript: in this video you’re about to watch my interview with Danielle D Martino Booth she authored a book called fedup after she spent nine years working for the Federal Reserve Bank of Dallas during the 2008 Global financial crisis and she actually […]
Foreclosures Outpacing Home Purchases…

Home Foreclosures Outpacing Home Purchases… https://www.youtube.com/watch?v=_NjfYeTiEoc Transcript: fore closers are skyrocketing guys yes they’re skyrocketing and I know your realators are telling you don’t worry about it you don’t have to worry about it it’s not going to happen to you but the question is is why are foreclosures Rising could it be that people […]
Housing Market Forecast: What Big Institutions Won’t Tell You

Transcript: I want to give you a real estate update we’re covering the housing markets and my prediction everything is happening exactly as I said it would I said that month over month home prices will go down because of seasonality and weaker demand year over-year I said no housing market crash and that is […]
THE HOUSING BUBBLE FINALLY CRACKED! – HOME PRICES JUST TOOK BIGGEST DROP SINCE 2009!!

Home prices just dropped the most since the midst of the previous housing bubble bust, which was February 2009.
LANDLORDS PANIC AS RENTS DROP, BIG TIME HOUSING CORRECTION ON THE WAY, COST OF LIVING CRISIS

hey everybody landlords are growing very
0:03
concerned about what’s happening right
0:05
now in the property market and we’re
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going to begin talking about rents how
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rents have been declining and that’s
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going to lead to actually bigger home
0:14
price declines in the very near future
0:17
in my opinion and after we get into all
0:19
the evidence and images today and graphs
0:22
and charts I think you’ll agree with me
0:24
so let’s go ahead and get into it please
0:25
like subscribe if you like what we talk
0:26
about here in this channel it does help
0:28
Keep Us Alive here so thank you let’s go
0:30
ahead and get into it right now and
0:31
let’s go ahead and start right here this
0:33
is
0:34
apartmentlist.com apartmentlist.com and
0:38
this is the latest rent report and if
0:41
you look to the upper right hand section
0:43
here of the chart you’re going to see a
0:46
break in a trend that’s been happening
0:49
since uh well before 2017 this chart
0:52
only goes back what six years um it
0:55
includes the full year of 2017 actually
0:57
goes back almost seven years so let’s
0:59
take a look at the Trend and kind of
1:01
trace it here and if we look at each
1:03
year represented by the square here see
1:06
2017 I’m blacking a little bit but you
1:08
see in the middle of the year of course
1:09
during the summer that’s when rents are
1:12
the highest and they Peak then they go
1:13
down towards the fall and the end of the
1:15
year as students go back home for the
1:18
winter break and things like that more
1:20
people move in the summer as well and
1:22
then you see
1:23
2018 went higher than the previous year
1:26
2019 higher than the previous year now
1:29
2020 was an exception we know what
1:31
happened with the Health crisis rolling
1:32
out there but ever since then
1:35
skyrocketing rents 2021 2022 higher than
1:41
2021 but look what happened this year
1:44
2023 we did not surpass the high that we
1:48
saw in the summer of 2022 so we’re down
1:52
year-over-year for rents so this is a
1:54
break in the trend and if you take out
1:57
2020 which for obvious reasons was a
1:59
unusual year if you take out 2020 over
2:02
the past seven years it’s been higher
2:05
year-over-year rent every year so with
2:08
the exception of 2020 2023 was down
2:12
year-over-year lower than the summer
2:14
peak of
2:16
2022 and no Health crisis to put the
2:19
blame on so what’s happening well I
2:21
think it should be very clear to most
2:25
people if not everyone that the consumer
2:28
is getting closer and closer and closer
2:31
to being maxed out because of this cost
2:33
of living crisis and people are not able
2:36
to pay these high rents like they used
2:38
to be able to remember rents are a cash
2:41
game you’re not going to take out a loan
2:43
and pay rent uh it’s very uncommon that
2:46
that would happen so it has to do with
2:48
your month-to-month cash flow how much
2:50
you can afford each month to write that
2:52
check to the landlord and people are
2:55
just simply no longer able to pay these
2:58
enormous rents like they used to and
3:00
we’re going to talk about some other
3:01
stats here and numbers regarding the
3:04
rental market but this is where it could
3:07
begin because as rents go down more
3:10
homeowners that are reluctant to sell
3:12
renting is going to look like a more
3:14
attractive option if you can rent a
3:16
similar size property for half of what
3:18
you’re paying in mortgage uh and you can
3:20
sell your home and get out from under
3:21
the mortgage especially if you lose a
3:23
job especially if you’re getting behind
3:24
on your bills behind on your payments
3:26
because of something that everyone is
3:28
feeling right now this cost a living
3:30
crisis well renting is going to be a
3:32
bigger option so that’s going to make
3:33
more sellers want to sell and that’s
3:36
going to make inventory go up in the
3:38
housing market and that could also
3:40
balance out the housing market so you
3:41
see one affects the other low rents uh
3:44
could possibly lead to more people
3:46
wanting to sell their home and that’s
3:48
going to lead to lower home prices and
3:50
put pressure on home prices uh with the
3:53
higher inventory all right let’s get
3:55
into some other information here look at
3:57
this and we see what CBS is is reporting
4:00
rents are falling in major cities it
4:02
also goes on to talk about 24 Metro
4:05
areas where tenants are paying less than
4:07
last year and that goes right along with
4:08
that chart out of apartment list that
4:10
shows that this year’s Peak or highs in
4:14
rents the summer Peak was lower than the
4:16
summer of 2022 again the first time
4:19
that’s happened since 2020 but excluding
4:21
2020 we have to go all the way back
4:22
before 2017 before that happened now
4:26
let’s take a look at some other data
4:27
here so we can further underpin the fact
4:31
that the rental market is weakening
4:33
meaning the consumer is weakening now
4:36
let’s go ahead and take a look at the
4:38
year-over-year change in the National
4:41
Rent index and let’s go ahead and scroll
4:43
down a little bit here let me enlarge
4:45
that for you and if we look to the
4:48
bottom again we see 2020 negative rent
4:50
growth year of a year of course we know
4:52
why but this year we are negative year
4:55
over-year and compared to last summer
4:57
we’re down uh not a lot but compared to
5:01
the peak that we saw at one point we
5:03
were about 17 18% rent growth
5:06
year-over-year
5:08
uh compared to that now just about
5:11
negative 1.5g -2% year-over-year may not
5:13
seem like a lot compared to positive 17
5:16
or 18% that we saw uh 2021 and
5:21
2022 this is a huge change so at this
5:24
pace going from what 17 18% growth to
5:29
negative w we could see a swing next
5:31
year of 19 20% where rents Dro by 20% um
5:36
that’s what’s likely to happen if things
5:39
continue to soften in the rental market
5:42
the way that it’s looking here on these
5:44
charts now let’s go ahead and put more
5:46
facts and data behind this let’s look at
5:49
the vacancy rate we see a chart here
5:51
going back to uh the beginning of 2019
5:54
we see going into 2020 the vacancy rate
5:57
was between six and it got up to six
5:59
6.8% at one point before of course it
6:03
took a drastic nose dive and went down
6:05
to under
6:06
4% and of course we saw rents Spike and
6:09
Skyrocket with a lot of people had a lot
6:11
of extra money to spend and a lot of
6:14
people went out and rented places people
6:17
moved out of their parents house they
6:18
went to rent the place a lot of people
6:21
in their 20s and 30s that lived at home
6:23
went and rented a place but look at this
6:26
that trend has reversed and now we’re
6:28
almost to prepandemic levels or 2020
6:33
levels and this is going to continue to
6:36
climb as rent soften uh more people not
6:39
being able to afford rent afford their
6:41
own place moving back home with Mom and
6:43
Dad moving back into the basement moving
6:45
in with relatives getting roommates and
6:48
moving out of one place and shacking up
6:50
with several roommates all those things
6:52
that people do when they can’t afford
6:53
the rent uh themselves well that’s going
6:56
to continue to get worse why because of
6:58
the cost of living crisis is continuing
7:00
to get
7:01
worse and people are just not able to
7:05
keep up with this cost of living with
7:07
their wages so I think it’s going to get
7:09
a lot worse the vacancies are going to
7:12
increase and we’re going to see uh rents
7:14
soften and go down I think a lot more
7:17
especially in the next year middle of
7:19
next year 2024 that’s going to be the uh
7:22
major uh telling signal on where we’re
7:25
at and where we’re headed and it
7:27
actually would be much worse if there
7:29
wasn’t such a big backlog of evictions
7:33
in some cities people are having to wait
7:36
months and and landlords having to wait
7:38
months and months in some cases five six
7:41
seven eight months to evict their
7:43
tenants because of the huge backlog
7:45
imagine how much worse the vacancy Spike
7:47
would be if it weren’t for this huge
7:50
backlog with the the courts and these
7:53
eviction proceedings let’s take a look
7:55
at just a recent example here a recent
7:58
article here this is out of
8:00
K7 King County backlog means homeless
8:04
homeowner must wait five months to evict
8:09
deadbeat tenant that’s King County up in
8:12
Washington so this is an example how
8:14
long it’s taking five months this also
8:16
happens to be a story about a homeowner
8:19
that’s basically now homeless because he
8:21
can no longer afford his own place but
8:23
yet he can’t move into his home that he
8:26
had rented out because of the deadbeat
8:27
renter won’t leave it’s pretty insane
8:30
how uh renters and dead beats people
8:33
that don’t pay their rent have these
8:35
types of Rights so we see stories of
8:38
homeless homeowners right make it make
8:40
sense homeless homeowners but that’s
8:42
what’s happening in many places and this
8:44
is just one example so folks bulls and
8:46
bears please chime in on this am I
8:48
looking down the right path am I
8:50
projecting this correctly would it be a
8:52
lot worse if it were not so difficult to
8:56
evict tenants remember we had the
8:58
eviction protections and in most cities
9:00
across the US how much worse would it be
9:03
how much lower it would rents be if we
9:05
had the spike in vacancies right it
9:07
wouldn’t be pretty wouldn’t be pretty at
9:08
all you’d see a big spike in
9:10
homelessness and a lot of people
9:11
wouldn’t be happy to have to move back
9:13
in with relatives or Mom and Dad or
9:16
someone else roommates to help pay uh
9:19
the rent but if rents are dropping
9:21
that’s overall a good thing because that
9:22
makes it more affordable in the end and
9:25
then people may not have to shack up
9:27
with Mom and Dad or a bunch of Roommates
9:28
because rents would finally drop and
9:30
become affordable you see so the problem
9:33
eventually becomes the
9:35
solution does that make sense to
9:37
everybody right so this shouldn’t be
9:38
looked at as a negative thing this
9:40
should be looked at as possibly a
9:41
positive thing if we can uh have a
9:44
balanced Market rent need to come down
9:46
to where people can afford them and not
9:48
have five roommates and not have to move
9:50
in with Mom and Dad you get my point
9:52
here right so I’m I’m trying to think of
9:54
a way to word this that people can
9:57
understand in a simple phrase the
9:59
problem becomes the solution or I should
10:02
say what people perceive as the problem
10:05
that becomes the solution
10:06
unaffordability means more people can’t
10:09
afford it so then the demand should go
10:12
down but you have to have a free market
10:15
you can’t give people free rents and
10:17
allow squatters to sit somewhere for
10:19
five months or I’ve even read stories
10:21
about a year plus where homes were
10:24
occupied by squatters and because of
10:27
Protections in certain States and
10:29
certain city laws the landlord couldn’t
10:32
kick the people out because they had
10:34
these Protections in place uh even
10:37
before the U eviction protections from
10:40
2020 there were some cities that was
10:42
very difficult to evict dead beat and
10:45
non-paying
10:46
renters right and that creates an
10:48
unbalanced Market because if you can’t
10:52
get the people out then the home’s not
10:55
going to be on the market for rent so
10:58
that’s going to make less places
10:59
available for rent and that’s going to
11:01
make prices higher because you’ll have
11:03
less places to choose from and then
11:05
you’ll see bidding wars for people uh
11:08
competing to rent a home or an apartment
11:11
because there’s such a shortage you see
11:12
the problem here so again the problem is
11:14
the solution in the end uh but you’ve
11:17
got to let Natural Market forces take
11:19
place in order for the cost of living in
11:21
this case in order for rents to come
11:23
down and here’s where it I think gets
11:26
more interesting here forclosures
11:27
continue to Surge and they’re
11:30
questioning here are they a threat to
11:33
the housing market well the number is
11:35
not enormous yet but it is pretty big
11:39
compared to previous years now the last
11:41
few years have been ultra low
11:43
forclosures so it’s again it’s still not
11:46
a very large number yet but it is
11:48
beginning to increase and the uh the
11:51
rise in the foreclosures is also picking
11:53
up pace so what looks bad this year
11:55
could be even worse next year combine
11:58
that with falling run and more
11:59
homeowners incentivized to sell and rent
12:02
a place especially if rents go down
12:04
that’s going to be a more attractive
12:05
option and again that’s going to put uh
12:08
or take rather it’s going to take
12:09
pressure off of the demand for homes and
12:12
we may see uh more weakness in the
12:15
housing market right we’ll have to see
12:16
how it all plays out but that’s what I
12:18
see here uh kind of the trends that are
12:20
starting to happen in both the rental
12:22
and the real estate market all right
12:24
let’s move on here to some other news
12:26
but still staying on the topic of the
12:28
overall weakening economy and the really
12:31
weak us consumer but some um businesses
12:37
some financial institutions are trying
12:40
to make it seem like the opposite now
12:42
let’s take a look at what visa had to
12:44
say after their stock went up 2% on
12:47
earnings beat uh the car giant Visa says
12:51
consumers are resilient yes consumers
12:55
are
12:55
resilient uh what does that mean
12:57
consumers resilient well it means
12:59
consumers took on a lot more debt and
13:02
therefore they’re paying a lot more
13:04
interest to visa and other credit cards
13:07
but to visa to boost their earnings
13:11
right so uh people taking on debt and uh
13:14
being in very bad financial shape means
13:17
to Visa that means consumers are
13:19
resilient of course they are not going
13:22
to criticize the people that are making
13:25
them a lot of money by saying consumers
13:26
are weak right having to take debt
13:29
having to pay so much more in interest
13:31
because interest rates are higher and
13:32
balances are higher so giving Visa this
13:35
big uh boost in profits uh of course
13:38
Visa is going to say the opposite
13:40
they’re going to say the consumers are
13:41
great the consumers are resilient uh
13:44
they’re making us all this money right
13:46
would they say anything different all
13:47
right so let’s move on a little bit here
13:49
folks let’s talk about what Jamie
13:51
Diamond came out and said JP Morgan um
13:54
CEO he’s ripping central banks for being
13:59
quote 100% dead wrong on economic
14:02
forecasts well here’s the thing um Banks
14:07
love what the central banks have been
14:08
doing with all the money Printing and uh
14:11
basically the back stopping of the banks
14:13
no matter what so I think he’s putting
14:15
this out there to maybe appeal to the
14:18
more common working person and some
14:22
people may look at this and say oh look
14:23
at Diamond he’s great he’s criticizing
14:25
these big bad um central banks but uh in
14:30
the background uh Diamond loves what the
14:32
central banks have done which have
14:34
allowed his bank uh enormous enormous
14:37
profits and I’m not sure how many Yachts
14:39
he has but I’m sure he’s doing very very
14:42
well because of these uh these policies
14:45
from the fed and the central bank now
14:48
let’s also take a look at this here this
14:49
is out of the Washington Post and this
14:52
is higher interest rates and its effect
14:55
on the US’s debt we have to borrow the
14:57
money we have toor borrow the money that
14:59
we print and send everywhere uh us
15:02
payments on debt Spike to
15:04
$659
15:06
billion nearly doubling in two years how
15:09
much longer is this going to be
15:11
sustainable for before the debt just
15:14
goes uh you know straight up and down um
15:17
hyperbolic move and uh you know a lot of
15:21
people are saying when that happens it’s
15:23
just going to be uh
15:26
hyperinflation um so interesting we’re
15:29
seeing signs of deflation when we look
15:31
at housing and falling prices but yet
15:33
we’re seeing this this money printing
15:35
off the charts and stats like this $659
15:40
billion uh on the debt just an interest
15:43
and as we continue down the road here uh
15:46
we’re likely going to see more job
15:48
losses as consumer spending slows down
15:51
consumers are the largest part of the
15:54
economy with consumer spending being
15:56
nearly 70% of GDP or economic uh growth
16:03
uh so people are going to be chiming in
16:05
more and more and putting it out there
16:09
in how uh difficult of a time they may
16:11
be having and there’s actually something
16:13
trending on social media that we’ve been
16:16
reporting on here more often here
16:17
recently and it’s the hashtag silent
16:20
depression meaning things right now are
16:23
as bad or even some cases even even
16:26
worse than what we saw back in the Great
16:28
depression let’s take a listen here and
16:30
watch this clip on how one um Creator
16:35
broke it down here all right now please
16:37
take a look and listen to the
16:39
comparisons presented here most of these
16:41
we’ve talked about in pretty uh pretty
16:44
good depth here but take a listen we are
16:46
currently experiencing what I like to
16:48
refer to as a silent depression a period
16:51
that is arguably worse than the Great
16:54
Depression of the 1930s now to give you
16:57
an idea how bad it is today back then
17:00
the average American earned about
17:02
$4,800 annually which adjusted for
17:05
inflation today equals nearly
17:08
$85,000 now in contrast the current
17:11
average salary today is just
17:15
$556,000 now to give you an idea how bad
17:17
this is that is a
17:20
$29,000 difference that we should be
17:22
making today to be keeping up with
17:25
salaries during the Great Depression now
17:28
if you take the cost of fuel and adjust
17:30
it to the we have credit cards today we
17:32
didn’t have credit cards back then so of
17:33
course you don’t see as many people in
17:35
in food lines and you don’t see things
17:39
looking as bad as they were but when you
17:41
look at the numbers uh just look at the
17:43
salaries things are much worse let’s
17:46
continue to listen here with inflation
17:48
fuel cost should only be a173 right now
17:51
and if you do this on the average price
17:53
of a car average car prices should only
17:56
be $155,000 right now obviously guys
17:59
there is a massive Gap going on we are
18:01
currently experiencing what I like to
18:03
refer right everybody what do you think
18:05
about his analysis there and the numbers
18:09
how the adjusted for inflation income
18:12
should be about 85,000 but I believe
18:14
it’s close to 56,000 as he laid out
18:16
there um and is it going to get worse or
18:20
we’re going to start seeing some price
18:21
Corrections here uh that are going to
18:23
make actually the cost of living a
18:25
little bit easier to deal with easier to
18:27
handle right please me know what you
18:28
think down in comments uh please give us
18:31
a like thumbs up here if you like what
18:32
we talk about And subscribe if you’re
18:34
not logged in please log in and the
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Subscribe buttons right down here in
18:40
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18:43
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channel and Keep Us Alive thank you very
18:49
much everybody for watching keep
18:50
stacking as always bulls and bears peace
18:54
and we’ll see you next time here bull
18:56
boom bear bust bye
19:00
[Music]